TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Residents Can Acquire Overseas Property via Inheritance, Gifts, or Purchase; Follow Reserve Bank Rules for Compliance</h1> Immovable property outside India can be acquired by residents through various means. A resident may inherit, receive as a gift, or purchase property from another resident who complied with foreign exchange laws at acquisition. Property can also be acquired from non-residents through inheritance, using foreign exchange from an RFC account, or remittances under the Liberalised Remittance Scheme, possibly consolidated for relatives. Joint purchases with non-resident relatives and acquisitions from overseas income or asset sales are permitted. Indian entities with overseas offices may acquire property for business or staff residential use, following Reserve Bank guidelines.
TaxTMI 
TaxTMI 
